How healthy is your mortgage?
Not unlike the ol’ ticker, the life of your home mortgage loan is typically healthier
beating at a lower rate.
An annual checkup of your mortgage is always a good idea... and less painful than
the actual doctor!
Plus, when we tell you that you’re going to lose an ARM or should bi-pass a second,
those are actually good things. We may even tell you that you don’t need insurance.
Upon closer examination of your “chart” we may find that:
• Refinancing your loan into a fixed-rate before your Adjustable Rate Mortgage
(ARM) is about to set at a higher rate could save you money.
• Purchasing or selling a second home/investment property could benefit your
financial health in the long run.
• Consolidating a first and second mortgage could lower your overall monthly
• Refinancing your loan could eliminate the required Private Mortgage Insurance
(PMI) some loans carry, costing you up to several thousand dollars a year.
Ready to find out how to get your mortgage into shape? Fairway Independent Mortgage Corp. and our Loan Officers are dedicated to helping you make the wisest financial decisions when it comes to your mortgage.
Contact us today to find out what options are available for you.
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Copyright © 2017 Fairway Independent Mortgage Corporation. NMLS#2289. 4801 S. Biltmore Lane, Madison, WI 53718, 1-877-699-0353. All rights reserved. This is not an offer to enter into an agreement.
Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
Equal Housing Lender. *USDA Guaranteed Rural Housing loans subject to program stipulations and applicable state income and property limits. Fairway AZ License #BK-0904162 & Arizona License Number